Executing huge buybacks in a lengthy cycle is daring stuff, but I am pretty sure that Brad Jacobs, the chief executive of XPO Logistics, must already know that.
Now, look at what has been going on with the share price of the US-based 3PL since the last time we covered it on Premium in March, and how it has performed against the benchmark Dow Jones Transportation Average index.
What its rally means is that …
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Source: The Loadstar